Brazil: No Trade Impact to Iran Shipping Impasse

July 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.

So far, Ferraz said, there has been no impact on Brazilian exports to Iran. The ships, scheduled to bring grains back to Iran, lack fuel for the journey because state-run oil company Petroleo Brasileiro SA refused to sell them bunker fuel due to U.S. sanctions on Iran.

Reporting by Rodrigo Viga Gaier

Logistics News

SEA-LNG: LNG Bunkering is Surging

SEA-LNG: LNG Bunkering is Surging

Baltic Index Falls as Capesize, Panamax Decline

Baltic Index Falls as Capesize, Panamax Decline

Future Workforce: Maritime and Supply Chain Graduate Finley Navigates Success

Future Workforce: Maritime and Supply Chain Graduate Finley Navigates Success

HD HHI, BV Launch JDP for Onboard Container Ship Guidance System

HD HHI, BV Launch JDP for Onboard Container Ship Guidance System

Subscribe for Maritime Logistics Professional E‑News

Putin calls on Germany to decide whether or not it will buy Russian gas via Nord Stream again
What is the Gripen fighter aircraft that Ukraine will purchase from Sweden?
Singapore Airlines is in negotiations for a major new jet order.